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the government, the government suggested you can have our election with them are in the class, and they did a film, and it's absolutely priceless. i mean, the parents, they didn't have to do it because the teachers were not shy to do it. they would make this mistake or that little thing and they would have this comical elements but the students got interested. they got interested. they ended up collecting a monitor. i'm how good the monitor was. but it was all right. it was all right. and so there are ways i think, which are more likely to think of that i am. of taking these different ideas and say try to settle here or try it out over there. you are building the bar, and it's true that there are, none of these things, everything has its drawbacks. move along. >> final two questions. this gentleman right here, and back their. >> ninety. i've been involved in studying practicing chinese law for the last 45 years. i just want to say on a positive note you, justice breyer and also i think others talked and plenty differently which about changing a legal culture in china. and it wanted to menti
think 56% compared to mr. boehner's 26% and what the public voted for in the last election. a lot of things the people don't realize is president is catching hell from the left, in other words, from people who believe in the congress that the cpi, cost of living, should not be reduced so that people on veterans benefits, disabilities benefits, social security benefits, the money is not reduced considering most of the people have nothing and only getting $15,000 to $16,000 a month in social security benefits. so with the president engaging in these discussions, she cannot say that he is not coming forth and doing all that he can. i think he is doing all he can and catching hell at the same time. so, again, there is some give, give. i don't agree with the slashing of any kind of benefits for social security, people on social security and medicare benefits but i also see that the president is trying to work a deal. >> congressman, speaker boehner also said to the president, you know, why not just give me the 2011 deal? 800 is that number there, 800 million. why not go back to that? e
've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of possibilities. catch phrases become boomerangs. >> if you got a business you didn't build that. >> i like
security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the next couple months. in terms of the immediate tax increases, the payroll tax rise of 62% from four 0.2% and workers first $113,000 of income. capital gains, qualified dividend's, and estate and gift taxes are subject to higher taxes. higher earners face new taxes under the health care law. within the next couple glock -- a couple of months, the bush era tax cuts that have been debated over -- the bush-era tax cuts on income expire december 31, workers will not fill the impact until the treasury releases new withholding instructions. alternative minimum tax -- the charred talks about spending cuts, immediate and in the
united system with a federal election commission that's completely out of control and with other agencies unable to do anything about it. a lot of money coming in in ways that intimidate political actors until the policy process in a very bad way and the way that will only enhance the quality. one example from north carolina riva group ventures who want to influence the state legislature on a bill prepared a bunch of model commercials that destroyed members of the legislature. when a gc comment had nothing to do a type of culture. it basically defined in this child molesting aliens out to destroy the fabric of america and show them the commercials and said if we don't get what we want millions of dollars could be spent on commercials just like this. they got what they wanted to give him money. the idea this is not correct team from anthony kennedy was on a different planet in a different universe than the real world of what we face. so there's all of that to do with the marketing model legislation written basically by a signature is biggest plugged right in. it's the gilded age brought up
to indiana, ran for state legislature, you were elected. what were some of the experiences as someone in the 1990's. -- 1990's? what were some of the experiences that informed the way you conducted yourself as state legislature? >> let me talk about the part of congress when i served in washington. i served in macintosh's committee that dealt with small business. we did a hearing with allied signal in southern indiana. and dennis kucinich and tom romer -- tim romer, both came to this committee to try to get something done there. it was not all cotton candy and rainbows. people at least were working together to try to reach a reasonable conclusion. here in indiana, as a state legislator, i have seen governor daniels be a get-it-done governor. i remember the first meeting with governor daniels came to our caucus. i had been in the general assembly for two years. some of the members were saying, bir going to balance the budget here in two years or four years. governor daniels walk in the room and said we would balance it in one year. that was the most important leadership decision of his
circumstances. >> this is outside of the book but i will do it anyway because i've been doing general election for the times. talking to jim messina the campaign manager of the obama campaign and david axelrod and rahm emanuel and stephanie cutter and asking them you know, how would the next years under obama, given that the house composition -- >> is almost certainly going to be similar. >> how will things be different and uniformly their answer, in other words the talking point, was that the fever will break, that the american people if they vote for president obama for another four years will basically be voting against obstructionist and the republicans will get the message and they will walk in a sultry fashion toward the center of. >> i can see that happening at all. >> no, no and if that is her talking point and they are siding with the. >> are you optimistic to say that governor romney would have one that there is and you waiting for him after he gets into office? >> no, no i'm not and i wrote a story for "the new york times magazine" on governor romney and specifically on his kind of
but sustaining that trend is gong to require a elected officials to do their jobs. mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don't strike a deal before the deadline. social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's too fragile so i really believe that members of congress will actually put the needs and the welfare of the country ahead of their own politica
any doubt in my mind. there are looking at the election of 2014 and 2006 to more than the people. thank you for your time. pfft host: good morning to you, elmer. what is your level of optimism heading into 2013? caller: i am kind of scared. the statement i went to bed, why do we not get in contact with george bush. i think he should be in here on the deal because it was him and that got us in this position we are in. he cannot even tolerate position said they have going on with our congress. if the people out here for us to be taking care of, if they have enough money to take over to another country the way they demonstrate, that is what we are in this position that we are in. i think we should get in contact with george bush and see if he can get us out of this. host: here is a piece in "the washington post." if there is a photo of the first couple greeting military personnel. this is the president remained largely out of sight golfing and spending time with his family. he left washington late on friday. a little progress has been made on the cliff talks, but at least the talkin
you were happy to do that so close to an election when some might say politically that wasn't the best thing to do. >> this is much more important than any election, piers. this is the livelihood of the people in my state when the president does this evenings that deserve praise, i will give him praise. when the president does things that deserve scorn, i will give him scorn. people know that about me. i am not going to play politics with this issue. this is so much bigger than an election. this is the livelihood of the people of my state. people expect me to get the job done. when they ask me a question, i give an honest answer. how has the president been on this? he's been great. >> this killed ambassador christopher stevens, the country's terrorism chief now says it was a terrorist attack. >> clearly the death of ambassador christopher stevens continues to reverberate and the truth or otherwise of the circumstances leading up to his death seem to be pretty vague to put it mildly. where do you think we are with this? >> well, let me tell you what's not vague and that is five days aft
predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too divisive to get anything done. just kick the lame duck. so what happened? why can't congress find a way to work together, even with a gun at their head? >> because they don't get along. i think it may have been naive of some of us to think that the election was going to be the magic formula and they would play well in the sand box after the election. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on gun control. it's going to be the american public demanding action on immigration because we have to force them to act. >> but american public also has to stop acting as if they play no role in this. when you look at our politics over the last 20 years, if you were a moderate democrat and i
him even further. he still needs to be elected speaker on january 3rd. if you're boehner, you let this thing slide past january 3rd, getting yourself elected, and then do what you have to do. >> will he be stronger in. >> he won't be stronger. there will be about eight more democrats. >> really it's his caucus. >> but he'll be speaker again. if it does it, then you have a couple days to consider -- if he gets reelected and is speaker again, then it's much more trouble to unseed somebody who is already sitting there as the speaker than it is to stop him from running in the first place. >> if i could add to what ryan is saying, the only thing is he'll be proposing to his caucus a tax cut. everybody changes on january 3rd. you're no longer talking about some people getting a tax increase. harry reid and john boehner for instance said -- the speaker saying the senate should take it up. harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have toda
demonstration passed before the last election and 90% of those hikes were delayed until after the president got himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told obama if you want a trillion dollars in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could you say no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of
of tax increases obama and the democrats passed before th be last election and 90% of those tax hikes were delayed, conveniently. the president got himself safelyse reelected.ion and then we have the massive spending, $8 trillion in debt obama is running up over the next decade. republicans have several schools. right now they have very little leverage onra this debate over e fiscal cliff because that stuff happens automatically, but the idea of a debt ceiling increasef they told obama more than once if you want a trillion dollars, you will need that eight times in the next decade they will have to cut spending a trillion have to cut spending a trillion eric: i'm a republican, congressman, senator tax pledge to not raise taxes. teo if somebody approaches me and says here is a bill that says if youhi sign this we will cut taxn for 98%, how can you say no to that? my point is this. the administration is winning the war of optics. if they played it this way, do they not win? >> they won the war of optics so far because everything has beene done. done inside closed walls.nd f if c-span, f
of new regulatory actions that are being undertaken by the administration since the november election. the department of health and human services tells us "governors, insurers an other partners encourage us to finance roles as soon as possible and we will continue to work with them as we imple innocent the law." under congressional review act they can overrule regulation but only after passing a resolution through both houses, which would then need the president's signature. doug? >> doug: shannon bream, thank you. we have more on the subject with the panel. a debate going on for decades. union and labor activists say it's good for economy. business owners disagree. peter doocy explains minimum wage is a hot topic. >> nearly 1 million people across america get raise on new yore's day. not reward for job well done but they live in step states raising the minimum wage next week with increases ranging from modest dime an hour in missouri to 35 cents an hour in rhode island. supporters say right now income guarantee is important since some unions are weakening. >> the increase in the min
by the new year, tax increases and spending cuts will take deep effect. >> president obama's re-election was one of the biggest political stories of the year. >> with the first of our year enders, here's abc's karen travers. >> reporter: president obama had to overcome a well funded opponent, struggling economy and voter doubts that he had the right agenda to turn the nation around. and after a roller coaster season, he got them. mitt romney may have started off at the front runner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against president obama. >> reporter: and overcome some self-inflicted wounds. after 50 primary contests, romney clenched the nomination and it was on to the general election. >> it will be a choice between -- >> two very different paths. >> reporter: their battle focused on the economy. >> we can't afford another four years like the last four years. >> we need more tax cuts for working americans. >> reporter: early on, two key moments changed the subject that helped the pres
president obama and the democrats campaigned on, this past election cycle and by the way he won, was exactly this fall back plan or the small piece of tax cuts being extended for 98% of american families and 97% of small businesses. there is a bill in the senate sitting there right now that the house could actually vote on. they don't need to wait for anything to pass the senate. the house could call a vote on it right now and 98% of america's families could see protection of their tax cuts extended. so i think that is a strong position for the democrats. they won on this. the majority of american people agree that the 2% of the wealthiest in this country can afford to pay a little bit more. most wealthy people agree with that. >> you believe president and leaders prefer going over the cliff so they can raise taxes and blame the g.o.p. but republicans have the option of locking in tax cuts for most americans right now. >> i think the president does want to do that because as you said he can increase taxes, point the finger at the republicans but we need to have spending cuts. this is not an
unconstitutional. no elected official should be allowed to take any kind of pledge. when boehner presented plan b, he could not even get a vote on it because it would raise taxes for the million-dollar people. this is definitely a problem. i also think that no entitlement should be part of this when it comes to the senior citizens. their social security, they do not get paid that much. >> she was mentioning the bill that the speaker had to pull because he did not have the votes, the one that would raise income over those making over $1 million per year. a news reporter from "the washington post" talked about the cliff. the minority leader has appealed to the vice president directly in a last-ditch deal to avoid a fiscal cliff. kerry reid stepped back from the talks on the senate floor. and he had yet to hear back from the. -- from them. we will show you comments in a short while ago. taking your phone calls on the fiscal cliff with two days to go, the house and senate vote in a session today. the house came in at 2:00 and they gaveled out shortly thereafter. we expect them to come back to take up
they're riding on a high horse. unions had a good election in 2012 in november. now they want pay back and one politicians in high places, not just the white house but in congress and the state legislaturures that will back tm in these demands. politics enwrapped in this but it's a danrous situation becausnot only could it hurt the economy, but also when you industries you were mentioning that are union dominated, thing about the ones that have the heaviest concentration of unions. auto companies, steel mills, postal service. what do they have in common? they're not productive, they're not making mey. but this is a dangerous game and the onlyay they can succeed is the politic route. >> neil: all very reliant on the ports as well. quickly, about a half minute. people are asking oba to step? in. can he do anything. his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come r
in the 1970s. in 2007, she had returned to pakistan from self-imposed exile to run in the general elections. she was killed at a campaign rally. her son was picked to lead her party. >> i am thankful to the cc for imposing their trust in me as chairman of the pakistan people's party. >> reporter: but he was just 19 and studying at oxford. her husband was co-chairman of the party. he ran for president and won. now her son, at age 24, has given his first major speech at the family shrine. and his father seemed proud to launch him into political life. >> translator: his education is finished, and his training has begun. he has to stay with you, with the workers. he has to learn with you. he has to learn about pakistan, learn how to work with you, learn your thinking. >> reporter: he's still too young to run for office but will likely be a figurehead in the general elections, expected within a few months. isha sesay, cnn, atlanta. >>> and the family of nelson mandela is speaking out. >> our grandfather is great. he's doing very well. >> after rumors that mandela was close to death, family membe
election. on november 6th president obama beat republican rival mitt romney to win a second term. what other stories topped the list and what do they tell us about the world we live in today. john fund is a columnist for "national review magazine" he joins us to weigh in on this. john, good to see you. merry christmas to you. >> thank you. kelly: we hope you're doing well. we know the top story was the election, it was a bitter fight to the end, president obama winning re-election. what does it tell us, though, about the campaign of mitt romney, and the mood of the country then, because we had so many other big stories affect the outcome of the election. >> well, this election, i think, was a very curious one, because president obama made some history. normal lee an incumbent with an economy that weak and no particular prospects of it getting better wouldn't have won re-election. but president obama was able to take advantage of i think dramatic stumbles on the part of mitt romney, the 47% line and various other things, absolutely. kelly: does it surprise you that mitt romney's people
a deal together. while the elected officials know they need to be more visible. >> mr. speaker, we ought to be here working, addressing these challenges. >> reporter: under pressure to show up, even if there is no deal to consider, congress will work this holiday weekend. the deadline is so close, outgoing members have already packed up their offices and need to move out while the harsh tone is going nowhere. >> the american people, i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. >> the president shows, instead, to spend his time on the campaign trail. >> reporter: what's at stake is real money for every american worker and family. >> the average family earning $50,000 to $75,000 a year will see their taxes rise $2400 in 2013. >> reporter: income tax rates go up at every level. taxes on capital gains and dividends will jump. the 2% payroll tax holiday ends. the alternative minimum tax will hit more families. long-term unemployment benefits expire. >> sad it got to this point,
education, all that stuff. they don't care about that. they spend the money on what they want to get elected. >> when you're saying that the previous mayor spent all the money, you're talking about mayor daly. rahm emanuel is in place now. >> right. >> he spent all the money on what? and then, two, what is the realistic proposal here to reverse the violence? >> well, over 20 years i can give you a laundry list of corruption and cronyism. but you know it well because you were here as well. and you saw it. there was a reporter once for "time" doing a cnn profile, comparing richard daly to andy of maybury and said he presides over chicago like andy of maybury. now that reporter is the press secretary for president obama. so there had been -- not you, obviously, but there had been people who were papering over and smooching up and making things look nice when they weren't nice. the city is broke. we're a thousand police officers down, at least, right? and now the city is creating this news flap, public relations issue, saying there is now we're going to take one off the 500 and make it 499. you'
elections. a morp. >> i'm gonna go with b--prom, final answer. meredith: yes, it is prom. [indistinct] of morp. you got a hundred dollars. let's add a little bit more to that bank. how about $5,000? $5,100, 2 questions away from your "double money" question. this next category, "animal crowds." according to new research, emperor penguins stay warm by huddling together and replicating what common crowd activity? >> oh, my gosh. meredith: stomping feet, hand clapping, crowd surfing, the wave. >> i've been talking about "march of the penguins" all day. meredith: why? >> i have no idea. 'cause i think the worst thing to come back into the world as is an emperor penguin. ha ha! meredith: really? >> yeah. meredith: i didn't know that. >> antarctica's really cold. meredith: oh, 'cause it's cold. yeah, ok. >> ha ha! um... i'm going to have to jump this question. i'm just--i'm caught between 2 answers. meredith: ok, question is out of play. you don't have to answer it. the correct answer-- the wave... >> yeah. meredith: is the right--was that one of the ones you were-- >> i was leaning towards
and sintroduce you to the president. they looked at each other and said yes. 18 years later i got elected to congress and i called reagan's secretary and let me see if i can arrange this. they range did and -- arranged it and mom and kenny came. we went into the oval office and president reagan came over and said, i want to tell you your son is one of the brightest young congressman we have and he is going to do great things. i know you have to wait on tables for 18 years and it worked in a foundry. and danny had to shine shoes. we had those problems in my family. isn't it great we live in a country where you can achieve anything? he had had his secretary called my abbas to find out about me and my family. when i walked data that office, i would have done -- out of that office, i would have done anything for that man. she was so happy and she carried the picture until she died. her favorite actor was ronald reagan. >> a lesson for that about relationships for president is the personal touch? >> it is a big part of it but it was not just a personal touch. he had goals like the strategic de
elected prime minister. he held the same position six years ago but resign because of health problems. he helped his party dominate elections last month. he promised to revive the economy and create a recovery plan for last year's earthquake, tsunami and nuclear disaster. >>> six days to go before the fiscal cliff deadline and tomorrow could be make or break in determining if we steer clear or go over the edge. president obama is cutting his hawaiian vacation short and is leaving tonight and will be back tomorrow. that is when the house and senate is expected to reconvene. >>> starbucks weighing in with the own fiscal cliff campaign. workers at 120 d.c. area stores are asked to write this on their cup. come together. yeah, he says it's a way to send elected official as a respectful but potent message, urging them to come together to fin common ground. not grounds, ground. >> all of the bickering in washington, all it will take is a cup at starbucks, i think it will push everybody over the edge. get a deal. >>> ahead, a u.s. marine who languished in a mexican prison for months, gets to spe
guidelines. parliamentary elections are scheduled in two months -- and the opposition hopes to present a united front by then. some 68-percent of egyptians did not vote in the referendum. >> former president george h. w. bush is showing signs of recovery but may not be home to celebrate christmas with his family. he has been hospitalized since november with a brown tide is related cough. in a statement from hospital his doctors are optimistic he will make a full recovery. however they're being cautious and want him to build up his energy before he is released >> funeral services were held today for the hawaiian senator. friends family and admirers remember him as a world war two veteran and a lifelong public servant. war than 1000 people including the president were in attendance at the national memorial cemetery of the pacific. he died last week from respiratory complications. he was 88 years old >> it looks like a lot of you put off holiday shopping to the very last minute. next we will be checking in on the procrastinators >> also cardinal francis george makes a special holiday
of a compromise. >> the american people reelected president obama on election day. they also reelected a republican majority here in the house. in doing so they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate to work together to begin solving the massive debt that threatens our country's future. >> reporter: the house and the senate will both be back in session tomorrow and the president has said he expects them to quickly vote to pass legislation to avoid the fiscal cliff, if, he and the speaker are able to make a deal before it's too late. gregg: we'll be holding our breath. peter doocy, thanks. >> reporter: yeah. patti ann: the commander-in-chief also spent part of his holiday thanking the troops on a visit to a hawaiian military base. the president and first lady paying tribute to those here and abroad who risk their lives keeping us safe. he took time to honor their families as well. >> so many of you make sacrifices day in, day out on behalf of our freedom, on behalf of our security, and not only do those in uniform ma
. 18 years later i got elected to congress and i called reagan's secretary and let me see if i can arrange this. they arranged it and mom and kenny came. we parked behind the white house. we went into the oval office and president reagan came over and said, i want to tell you your son is one of the brightest young congressman we have and he is going to do great things. i know you have to wait on tables for 18 years and it worked in a foundry. and danny had to shine shoes. i know it was tough. we had those problems in my family. isn't it great we live in a country where you can achieve anything? all i could think was, how did he know this stuff? he had had his secretary call to find out about me and my family. when i walked out of that office, i would have done anything for that man. he made my mother feel so happy. she was so happy and she carried the picture until she died. her favorite actor was ronald reagan. >> a lesson for that about relationships for president is the personal touch? >> it is a big part of it but it was not just a personal touch. he had goals like the strategi
much of a deficit. >> worry me this question. can you get elected if you say i am going to cut this and cut that unless money flows out. can you get elected f. you reform social security can you get elect medicare or medicaid. you can get elected. i will reform. post office. you can't get elected. >> kelly: you can't take it back. >> once you made the promise to pay how do you with draw. >> clayton: but you can get elected raising taxes. interpeffort the last election. >> julia: we didn't say your name at the beginning of the segment. >> clayton: he doesn't even need an bruction. he's so good. >> julia: this is your guy when you talk about fiscal cliff. >> i am guy with the accent. >> clayton: tune in fox business network . no one does it better stewart varney. ualjullove to your family and beautiful children. >> clayton: teachers trainn to use handgun to protect the school. we report and you decide. julaloha, hawaii. president is heading back to washington. is it too late to avoid the fiscal cliff. you can't answer it because you are leaving now. we'll talk about this next.
the president win re-election. so they waited until after the election to release the film instead of doing it in october. >> are you going to see it? >> i'm interested. i think what we do in this business, i'm interesting to see how hollywood is going to portray it. >> as our viewers know, i cover that region for abc news. i guarantee they are not running that film in any theater in either of those countries. so if i'm going to see it, it's going to be here. >> better do it here before they send you back to cover the news in pakistan. >>> coming up, one way to tell the world that you're expecting a new family member. >>> and coming up, after that, the one part of the show you don't want to miss, the pro athlete putting more skin into the skinny. we'll explain it all, next. athlete putting more skin into the skinny. we'll explain it all, next. ♪ skinny, so skinny ♪ skinny, so skinny ♪ skinny, so skinny >> thank you, willis. yes, it is time for "the skinny." the skinny is in the house and on this day after christmas, we have baby news in "the skinny." i don't know if it's news because
there is a new prime minister in japan. he is shinzo abe, the japanese parliament elected him today five years after abe abruptly resigned from the job. he's japan's seventh prime minister in six years. alex reports from tokyo. >> reporter: a remarkable political comeback is now complete here in japan. shinzo abe is once again prime minister, elected in parliament on wednesday following his party's landslide victory in general elections earlier this month. he has now taken the reins and unveiled his cabinet as well, which includes former prime minister aso who is deputy prime minister as well as finance minister. as the 58-year-old abe returns to the top post he vacated in 2007, his to-do list this time is very long. front and center is the economy, which has sputtered along in japan for the better part of two decades and is in recession once again. many will be watching to see how abe handling heightened tensions with china, as the two countries spar over disputed islands, as well as north korea, which defied the international community recently launching a rocket that skirted japanese territ
, have a responsibility to send our elected officials a respectful but potent message. there are about 120 starbucks stores in the d.c. area, really they're all over the place in d.c. >>> retailers were hoping shoppers will spend big today because early figures show holiday sales slumped to the lowest levels in three years. analysts are blaming hurricane sandy which hit just before the peak shopping season. folks are also a little more cautious about opening their wallets, concerned about tax hikes as we near this so-called fiscal cliff. >>> first, a tornado. now a blizzard warning. we'll break down the complex weather forecast next as part of the south starts to clean up after yesterday's storms. >> it is a wonderful school. i don't know what we're going to do with the kids when it is time to come back. this is a dangerous situation with all the roofs off, and the windows blown out. this is just devastating. can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -
the election. he does have an advantage here. he has a larger approval rating than the congress does. but that doesn't mean that we sacrifice principle. sequestration to me is a principle. >> a very important issue. i assume they're going to work out an arrangement that they will delay that sequestration, those automatic defense cuts, at least for a few months. presumably that will -- i assume that will allow you, senator graham, to go ahead -- and you might not be thrilled with this compromise, but if it's 400,000 for individuals, 450,000 for couples, that would be acceptable to you, and let the -- those people earning more than that a year see their tax rates go from 35% to 39.6%? >> hat's off to the president, he won that argument. bowles/simpson eliminated deductions to generate revenue. raising rates is a solution the president came up with, it's not bipartisan, but i would vote for the deal you just described. back to sequestration. we promised the american people in august when we raise theed the debt ceiling by $2 trillion, we would offset that debt ceiling with a dollar for
for elected officials to vote for something when they think it will be the end of their career. dagen: senator, that was, well, terrific conversation. thank you so much. it was great to see you. enjoy your new year. i will hold you to that. okay. i will hold you to it. >> you can count on it. dagen: be well. now, onto something just as troubling, but different. the weather. big storms with freezing rain and high winds is expected from the midwest all the way up into the northeast. now we go to chief meteorologist at whether bell.com. >> it is a bout sore and it is part of what is dancing. each one a little bit further. we have a lot of winter weather coming. it will be shutting down a lot of flights from philadelphia of to boston. they will get hammered later on this afternoon into tonight. philly, new york, baltimore, i do expect it to turn into rain. the snow will pileup northwest of those cities. 30 miles will make a big difference between four to 8 inches of snow and sleet and freezing rain on top of it. that whole major core door right on the battleground, it is almost all snow and up to
will be one of these overnight major election shifts, not a gradual buildup. i also think we have missed the online website version of that. part because it has not shown its reliable and secure. there is a very rapid emerging -- i think it will sweep through the country similarly with your cellphone is essentially part of your identity for processing. >> there will be some experimentation -- it will be lots of little elections and all of a sudden it will hit a major state or national. every state will have to have it. at that point we will see the tipping point. >> not that i would disagree with any of this, but i do think one of the differences is that identity in that form can only be given by government. there are lots of identities that can be given by your bank. if you look at sweden -- a deputized their banks so that they were sort of in lieu of government. you got a credential that the government would recognize. there may be ways to do that. >> we have seen precedent for that with electronic benefit transfer. they use the power of the reserve and deputize the bank's. >> yes. >>
, other big story today is the continuing yen/dollar/euro data. abe is elected, now he's in power. the bank of japan is going to be meeting january 21 and 22. they're going to raise their inflation target 2%. the yen is at 85 right now. a lot of people are betting it could go to 100. that trade is not yet over. so that is the hot trade that's out there globally right now. number three, i'm pretty optimistic on housing. you saw the numbers on case-shiller, 4.3% increase in october. we're still getting numbers continuing to improve. the levels of affordability are great. mortgage rates remain low. this is one of the bright spots for housing, and will be for the economy in 2013. finally, did you see this amusing story? u.s. government is put on a negative watch by china? by china? the credit rating agency in china put them on the u.s. government debt on a negative rating at this point. negative watch. this, of course, was supposedly independent rating agency created in china to try to rival moody's and s&p and fitch's. that's getting interesting play out there. their independence, of
. more safely than we do now. >> host: is the book ahow ressed to lhol,erals or gun owners or elected officials? >> guest: anybody who needs it. but certainly -- i talked to my liookral frienort and you can sy that's about mayor bloomberg so preoccuphinkd with the problem f gun and iolence in the city that he thinks the only way to deal with it is just to keep cracking down habier on everuybodyt p a waselo acsiontrie firearms. new york city's laws are almost as strict as they were in the district of colum wasea. >> host: the laws in new york, particularly -- you get into the book -- deal with the concealed cackey lly ms. who has a right to get a per notice carry a gun. how do you think that should be handled? >> guest: i thiali in general al gun legislation on who can own gun aside from the federal cate-sries -- under what ctri hapraltances and when you y and when you don't, they should all be as l lawal as possibl-c people in new york need different rules than people in new york city i mean -- than people in montana, or t guas, pr a i ly. th wrly ae best able to decide t kind of rule
. >>> there's a familiar face in the japanese prime minister's office. the parliament elected shinzo abe to lead the country five years after he abruptly resign. abe says his first mission is turning the country's economy around. and he's calling for safety tests on all nuclear plants. abe is the leader of the conservative liberal democratic party. he's japan's seventh prime minister in six years. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> anytime you leave hawaii, it is too soon. but six days before the fiscal cliff, president obama cutting short his christmas vacation on the off chance he and congress might be able to cut some kind of deal. he left. but brianna keilar is still there in honolulu. when's the president leaving and why does he really expect to avoid the cliff? >> reporter: i will be leaving as well when the president leaves, don. he is expected. he will be leaving tonight. that's local time. so he'll be traveling overnight and arrivi
get a bill passed with that splits his republican caucus and puts in danger his re-election as speaker on january 3rd. kelly: that is a lot of talk going around in circles in washington right now. you're very optimistic something can be done but on the other hand there are several economist, juan, that predict indeed we'll go over the fiscal cliff and the inaction of congress has the potential of plunging the united states into another recession. that said, they can't afford to becoming a reality. >> so far they have been very fortunate that the markets have not reacted with panic. you have not seen any plunge on wall street and the like but once you go over the cliff, especially if it is not just a matter of a day or two to allow for a house vote, but if it is really the case that politicians here in washington are so dysfunctional, kelly, they can not get the people's business done, i think then you will see a market reaction that, as you describe it, could plunge the country back into recession and it is not just the united states. remember, we're the world leader in terms of so muc
of society, so they are really using a western tool of elections, western election nearing tech niece to establish a disteupblg distinctly western society. the obama administration is going to go down in history having viewed up more of the middle east and any president and administration of our past. gregg: a new controversy after the russian parliament votes to ban americans from adopting russian or fans, wha rophans. what is behind this idea and why russian critics say it victim myselfess kids. >> a newspaper gets its hands-on the names and addresses of gun permit holders and then push hreurbs the information online. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. heather: welcome back. so do you have plans nor new year as of eve? we hope that it includes fox news' all american new year's eve starting at 11:00pm eastern on new ye
the election, president and mrs. obama sat down with barbara walters. in this moment from their wide-ranging conversation, the first couple is revealing intimate moments from the campaign trail. >> mr. president, mrs. obama, there's a photograph of that you went viral. became the most-shared photograph in the history of twitter. here it is. when you look at this picture, what do you think? at what point was that? >> i think we were campaigning in iowa. >> why were you hugging her so hard in iowa? >> because i love my wife. >> also, i hadn't seen him in a while. when you're campaigning, we're two ships passing in the night. and the first time i saw him was when i walked onstage to greet him. and that's my honey giving me a hug. >> i like giving you hugs. >> how do you keep the fire going? >> that's a good question. >> you know, we've been married now 20 years. >> uh-huh. >> and like every marriage, i think you have your ups and you have your downs. but if you work through the tough times, the respect and love that you feel deepest. -- deepens. >> and there's a lot of laughter. you kno
there. what we gather is the police chiefs don't like it. the elective sheriff, he doesn't like it p. and as we learned from the comments in the newspaper, the gun owners certainly don't like it. that leaves the remaining sector finding the article interesting. >> what do they say about it? >> police chiefs look at it and say, look 40% of these people holding the gun mer mitts are active or retired law enforcement. these are people who may have put people in prison or prison guard who inmates might be looking for their home address and now it's point and click. the other thing is that 8,000 -- i mean if you just take rockland county, 8 thousand either active or retires nypd officers live there. so within the law enforcement community, they say you're giving the people a map to our home addresses that's searchable. >> one of the criticisms here is that potential robbers are going to know who has guns and who doesn't to know which homes to target. how does this make the job more difficult for them? >> it's one of the things you know. i talked to the sheriffs and th
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